5716 Elk XING, Austin TX 78724

Based on 6 closed sales in WOODLANDS THE, the data points to a value around $435,007 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $573,000 to $574,000. Buyers shopping in WOODLANDS THE right now would see this as a well positioned option among 4 comparable homes. The 116 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 2010 (5 years older than comps) is factored into the value estimate. With 4 similar homes currently listed in WOODLANDS THE (a buyer's market), competition is a factor to consider. Market data shows WOODLANDS THE prices fallen 2.8% over the last half year. The closest comparable sale, 6005 Elfen WAY, Austin TX 78724 at an adjusted $342,376, is a strong comparable. This estimate draws on 6 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus